ABI Multifamily brokers 21-unit East Phoenix apartment community for $3.79 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,790,000 / $180,476 Per Unit / $263.19 Per SF sale of Vara, a 21-unit multifamily...
43-unit apartment community in downtown Phoenix’s Coronado Historic District trades for $7.5 million
CBRE has completed the sale of the 43-unit Coronado 137 apartment community in Phoenix. Equity Advantage, Inc., an Oregon-based 1031 exchange buyer acquired the property from Phoenix-based Coronado 137 LLC for $7.5 million.
Brian Smuckler,...
$51.35 million age-restricted multifamily asset sale in Utah closed by Marcus & Millichap
Marcus & Millichap announces the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset located in Draper, Utah. The property sold for $51.35 million, which represents $185,379 per unit.
“Age-restricted and seniors housing properties are...
Transwestern Development Co. sells 290-unit community in Tempe, Arizona, to Pacific Development
Transwestern Development Co. (TDC) today announces it has sold Vela, a 290-unit luxury multifamily community at 555 N. College Ave. in Tempe, Arizona, to Los Angeles-based Pacific Development Partners. TDC Executive Vice President Ty...
Institutional Property Advisors Closes East Valley Land Sale for Upcoming Premiere at Eastmark Multifamily...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Premiere at Eastmark 3.0,a fully entitled 8.55-acre multifamily development site in Eastmark, a master-planned community in Mesa, Arizona. The property sold...
Institutional Property Advisors brokers sale of Arizona’s preeminent build-to-rent (BTR) Assets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two apartment assets in Phoenix, Arizona. They are 51-unit Novella at Biltmore and 36-unit Novella at Arcadia.
“Both assets are boutique,...
The Calida Group Announces 180 Unit Expansion with Newly Renovated Ely By Elysian Living
Multifamily real estate developer The Calida Group, who owns and operates luxury Elysian Living communities, will launch Ely By Elysian Living in fall 2018, a new concept serving as an extension of the Elysian...
SB Real Estate Partners Acquires Brownstone Apartments in Las Vegas for $42M
SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, in an off-market transaction for $42 million.
“The Las Vegas metro has...
Landmark Properties in Partnership with Silverpeak and Peninsula Acquires Land and Announces Plans for...
Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has closed on the acquisition of a development site in Fort Collins, Colorado...
Cushman & Wakefield Continues to Strengthen Multifamily Services in Denver Colorado with Kevin Phelan
Cushman & Wakefield announced that Kevin Phelan has joined as a Senior Director with the firm’s Multifamily Services division in Denver, Colorado. Phelan brings over 13 years of industry experience covering multiple asset classes...
ABI Multifamily brokers 42-unit East Mesa townhome rental community for $20 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $20,000,000 / $476,190 Per Unit / $337.72 per square foot sale of Casa Sole Vita...
Thompson Thrift to Develop 324-unit Luxury Multifamily Development Heritage on Hover Near Boulder Colorado
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, today announced that it will develop Heritage on Hover, a 324-unit Class A multifamily community in the...
Institutional Property Advisors brokers Southern Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The $46.5 million sales price equates to $184,524 per unit.
“Southern...
JV equity arranged for Belleview Station apartments
JLL Capital Markets announced it has arranged joint venture equity for the development of a 250-unit mixed-use, luxury apartment community located in Denver, Colorado.
JLL represented the developer, Trammell Crow Residential, the multihousing development company...
Quarterra Announces Leasing is Underway for the 224-unit Kindred Apartments in Denver’s Golden Triangle
Charlotte, North Carolina-based multifamily developer and operator Quarterra is expanding its Denver footprint with its 11th property in the city and second in the Golden Triangle neighborhood, Kindred Apartments, which opened for leasing earlier...
